Tehran, Muscat to Ease Commercial Dispute Settlements

Iran-Oman Chamber of Commerce and the Arbitration Center of Iran Chamber of Commerce, Industries, Mines and Agriculture signed a memorandum of understanding on Thursday with the aim of easing a more efficient and prompt dispute settlement between tradesmen and businesspeople from the two countries.
“Iran-Oman Chamber of Commerce is willing to resolve potential disputes between economic players from both sides outside the court and in arbitration centers instead. Therefore, we decided to sign an MoU with the ICCIMA Arbitration Center and use their expertise and assistance in this regard,” Mohsen Zarrabi, the head of Iran-Oman Chamber and director general of ICCIMA Arbitration Center, was quoted as saying by the news portal of Iran Chamber of Commerce.